Mortgage News

TSB grows profits and mortgage book; HSBC's profit more than doubles

Monday 8th of June 2009

TSB's net profit for the three months rose 13.4% to $9.3 million, taking its net profit for the year ended March to $42.9 million , up 9% from the previous year.

Its charge against profit for impairment losses rose from $1.36 million December 31 to just over $3 million at March 31.

TSB's mortgage book grew by $40.5 million to $1.91 billion during the latest three months. Using Res...

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